Fixed and Variable Annuities MCQs Quiz Online PDF Download

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Financial management practice test MCQ: payments if it is made at end of each period such as an end of year is classified as with choices ordinary annuity , deferred annuity , annuity due and both a and b for online classes in distance learning, online education for undergraduate and postgraduate degree programs. Free study guide is for online learning fixed and variable annuities quiz with MCQs to practice test questions with answers.

MCQs on Fixed and Variable Annuities Quiz PDF Download

MCQ: Payments if it is made at end of each period such as an end of year is classified as

  1. ordinary annuity
  2. deferred annuity
  3. annuity due
  4. Both A and B


MCQ: Lottery payoffs and payment for rental apartments are examples of

  1. lump sum amount
  2. deferred annuity
  3. annuity due
  4. payment fixed series


MCQ: A type of security payment in which payments are made at equal intervals of time and each payment amount is same is classified as

  1. fixed interval investment
  2. fixed payment investment
  3. annuity
  4. lump sum amount


MCQ: Securities future value is $1,000,000 and present value of securities is $500,000 with an interest rate of 4.5%, 'N' will be

  1. 16.7473 years
  2. 0.0304 months
  3. 15.7473 years
  4. 0.7575 years


MCQ: If payment of security is paid as $100 at end of year for three years, it is an example of

  1. fixed payment investment
  2. lump sum amount
  3. fixed interval investment
  4. annuity